The cryptocurrency market has been sent into turmoil as the Federal Reserve's decision to raise interest rates dashes hopes of a quiet Christmas for investors, sparking widespread sell-offs and significant losses in major cryptocurrencies. Crypto Market Volatility ========================== The Federal Reserve's decision to raise...

Bitcoin's price may have found temporary support following the historic VIX surge, a potential sign of a local bottom for the cryptocurrency. As the VIX reaches its second-largest spike in history, investors are becoming increasingly risk-averse and looking for safer assets. VIX's...

The cryptocurrency market has experienced a broad sector slump, with the CoinDesk 20 index falling by approximately 5.1% over the past week. Litecoin leads the decline with a staggering 7.6% drop, leaving investors reevaluating their positions. CoinDesk 20 Performance Update The CoinDesk 20,...

The Trump administration's regulatory clarity has ushered in a new era for cryptocurrency use in the US, with major financial institutions exploring blockchain technology and cryptocurrencies more aggressively. The Rise of Cryptocurrency in the US The Trump administration has already paved the way...

Cohere, the Canadian AI startup valued at $5.5 billion, partners with Palantir to deploy its AI models via the data analytics firm's Foundry platform, marking a significant development in the enterprise-focused AI market. Cohere's Partnership with Palantir: A Quiet Collaboration in AI...

Amazon employees across the US are gearing up for a nationwide walkout this week, protesting the tech giant's refusal to begin contract talks with its workers. Thousands of Amazon workers have voted to authorize strikes at several facilities across the country. Amazon...

The UK's departure from the EU has caused significant damage to its trade links with the EU, resulting in a £27 billion loss in the first two years. As policymakers prepare for the next phase of the Trade and Cooperation Agreement,...

The UK economy has experienced its highest inflation rate in eight months, reaching 2.6% in November due to rising fuel and clothing prices. UK Inflation Hits Highest Level in Eight Months The UK inflation rate has risen for the second consecutive month, reaching...

Eurozone inflation growth slows down, but Germany bucks the trend with a higher rate. The region's consumer prices rose by 2.2% year-on-year in November, below expectations. Eurozone Inflation Rises Less Than Expected, More in Germany ================================================================= Inflation across the Eurozone continued to rise in...

A recent study challenges the conventional wisdom on industrial policy, revealing that its effectiveness in promoting economic growth is often overstated. The researchers found that while targeted interventions can be beneficial, policymakers should exercise caution and not expect large gains from...